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Showing 121 - 130 of 2062 results for %22Bank of China%22

Future Fund board members reappointed

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... in London, New York and Australia. She is currently a director of Scentre Group, Myer Family Investments, the Australia-China Council and the General Sir John Monash Scholarship Foundation. Wilson has a background in finance, banking and medicine. She ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
... It comes as the US's biggest banks struggle to grapple with the impacts of the spreading coronavirus, with Citibank, Bank of America, JP Morgan and Wells Fargo all recording share price losses overnight (5.64%, 6.49%, 4.93% and 5.77% respectively). ...

Chief economist update: Credit ratings downgrades versus fiscal salvation

BENJAMIN ONG  |  THURSDAY, 9 APR 2020
The Bank of Japan (BOJ) acted quickly in response to the coronavirus outbreak. In an emergency meeting on March 16, the Japanese central bank announced it would buy ETFs at an annual pace of ¥12 trillion, double its J-REIT purchases to ¥180 billion ...

Wall Street rally runs out of steam

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
... "We need to remember the US is the largest economy in the world, and its largest customer is the second largest economy, China, which is intimately linked to Australia. "So anything that impacts the US significantly will impact the Chinese economy, which ...

Chief economist update: Different contagion, same fiscal policy divide

BENJAMIN ONG  |  MONDAY, 6 APR 2020
... date, the Euro Stoxx-50 has dropped by 28.9%, giving up all its 2019 gains (24.8%), and then some. While the European Central Bank (ECB) has kept policy interest rates unchanged to date, it has announced several accommodative policy measures, including ...

First in first out?

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2020
... operational pressures with more firms reported funding shortages and falling demand than in February -- reasons why the People's Bank of China (PBOC) and central command are not letting their guards down. The PBOC just recently cut its 7-day repo rate ...

Chief economist update: A whole new world

BENJAMIN ONG  |  MONDAY, 30 MAR 2020
... tightening restrictions on social interaction and the ever-increasing amount of money released from government and central bank coffers. How wide and far-ranging future lockdown rules become and how much more trillions are spent will depend on the successful ...

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
Think your 30-50% year-to-date loss in your equity portfolio is bad? Just wait until all buyers disappear, consumed by a tiny speck of micro-organism. Remember Murphy's Law? "Anything that can go wrong will go wrong". Monetary and Keynesian stimulus ...

Chief economist update: What happens in China...

BENJAMIN ONG  |  MONDAY, 23 MAR 2020
... - if memory serves me right, in early February. This is at the same time that the Chinese government and the People's Bank of China (PBOC) were rolling out stimulus measures - what other fiscal and money authorities are implementing now. While it ...

Hamish Douglass remains confident amid COVID-19 crisis

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... than ever that we look forward and not backwards in this world." During the roadshow, Douglass said cloud computing and China would continue to be investment opportunities in the future. "We have to understand the power of these technology platforms... ...